Rent - $740 per week (2024) | Yield - 6.3% | Location of Buyer - Waikato -

This 4-bedroom, 2-bathroom flat has been previously renovated with an upgraded roof, re-wiring and double-glazed windows. A consented extension to the property in 2017 added the fourth large internal bedroom with its own ensuite and separate access to the backyard. The other three bedrooms reside at the front of the flat with a full bathroom and integrated laundry.

The location is ideal, as it is a flat and close walk to the campus, but outside of the 'party zone' that discerning, slightly older students generally want to avoid. The local supermarket is only minutes away, while public transport is available along the bus route at the end of the road, straight into the middle of the city.

The property is signed up for 2024 at $740 per week until 31 December 2024, with several groups wanting the property shortly after it came to the rental market.

Don't miss this opportunity to secure as desired investment and enjoy the benefits of owning a rental property in Dunedin’s student quarter.

A full Matt Morton & Co Information Memorandum and additional property documentation including LIM are available on request.

Please contact me for a further discussion or to arrange a viewing appointment.